Crypto News

Charmingly Eccentric Ethereum Rollercoaster Riding the Waves of Ethereum Price Volatility When it comes to cryptocurrency, few things are as unpredictable as the price of Ethereum. Just recently, ETH experienced a sharp drop below $2,000 on the Kraken exchange, sending shockwaves through the crypto community. However, true to its nature, Ethereum is now bouncing back…

Bitcoin Price Drops Below $40,000 Amid ETF Rejection Rumors The Recent Bitcoin Price Drop Bitcoin price started a major drop below $44,000 after rumors of spot ETF rejection. BTC dived over 10%, but the bulls are still protecting the $40,000 support. Bitcoin declined heavily and even spiked below the $40,000 level. The price is trading…

Crypto Insights: Jihan Wu Stands Firm on Matrixport’s Bitcoin ETF Analysis The Backstory Recently, Matrixport co-founder Jihan Wu took to social media to address concerns within the industry about the company’s report predicting the rejection of spot Bitcoin ETF applications by the SEC. In a statement, Wu highlighted the independence of Matrixport’s analysts, assuring that…

Bitcoin Price Plummets to $42,500: What’s Next? The Sudden Crash Bitcoin appeared to have been securely floating above support just earlier, but today, the picture has changed as the price has suddenly crashed to $42,500. Bitcoin has crashed more than 6% during the past 24 hours. It had kicked off 2024 with some sharp bullish…

Why Cardano Struggles to Keep Up with Other Cryptocurrencies Introduction Cardano has consistently remained one of the largest cryptocurrencies in the industry with the price of its native ADA coin following the crypto market rally. However, it has not performed as well as other cryptocurrencies despite its marked popularity among investors. Crypto pundit Ben Armstrong,…

Arbitrum Surges in Total Value Locked (TVL) Reaching New Heights in TVL Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL). According to the L2beat platform,…

The Recent Bitcoin Flash Crash and Its Impact on the Crypto Community The Shocking Drop in Bitcoin Price The recent flash crash of Bitcoin from over $45,500 to as low as $41,100 has sent shockwaves throughout the crypto community, sparking debate over the underlying causes. While some have attributed the crash to unconfirmed rumors that…

Grayscale’s Bitcoin Trust sees trading surge as spot ETF decision looms Introduction As the digital asset world eagerly awaits the approval of Bitcoin ETFs, Grayscale’s Bitcoin Trust (GBTC) is experiencing significant fluctuations in its trading volume. On Jan. 2, 2023, GBTC saw its second-largest trading day volume in the past 12 months, reaching $338 million….